M&A Deal Summary

BitGo Acquires Brassica

On February 7, 2024, BitGo acquired financial services company Brassica

Acquisition Highlights
  • This is BitGo’s 2nd transaction in the Financial Services sector.
  • This is BitGo’s 3rd transaction in the United States.
  • This is BitGo’s 1st transaction in Texas.

M&A Deal Summary
Date 2024-02-07
Target Brassica
Sector Financial Services
Buyer(s) BitGo
Deal Type Add-on Acquisition

Target

Brassica

Houston, Texas, United States
Brassica is a financial technology company specializing in providing back-end infrastructure services for private securities and alternative investments. Brassica was founded in 2022 and is based in Houston, Texas.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

BitGo

Palo Alto, California, United States
Category Company
Founded 2013
Sector Financial Services
DESCRIPTION

BitGo is a provider in digital asset financial services, providing institutional investors with security, custody, and liquidity solutions. BitGo processes over 20% of all global bitcoin transactions, and supports over 200 coins and tokens. BitGo was established in 2013 and is based in Palo Alto, California.

DEAL STATS #
Overall 3 of 3
Sector (Financial Services) 2 of 2
Type (Add-on Acquisition) 3 of 3
State (Texas) 1 of 1
Country (United States) 3 of 3
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-17 HeightZero

Jackson, Wyoming, United States

HeightZero is an open technology solution that brings together best in class market capabilities allowing asset managers such as financial advisors, family offices, Separately Managed Accounts and broker dealers to gain exposure to the rapidly expanding crypto ecosystem on behalf of their clients, through direct investment. HeightZero was founded in 2019 and is based in Jackson, Wyoming.

Buy -
Mergr

Product

Company

Legal